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Details: https://www.gate.com/announcements/article/47889
A critical security exploit just decimated a project's token value. We're talking about a 99.99% price collapse—the kind of catastrophic failure that sends shockwaves through the ecosystem. When vulnerabilities like this slip through, it's not just about the immediate damage to holders. It exposes the real risks lurking in protocols that skip proper audits or rush deployments. This is exactly why due diligence matters in crypto. Always check if a project has undergone credible security reviews before committing funds. The aftermath of such exploits serves as a sobering reminder that innovation speed cannot come at the expense of security.